JVM Realty Acquires 149-Unit Courthouse Square Luxury Apartment Community in Western Chicago Suburban Market of Wheaton
CHICAGO, IL – JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Courthouse Square, a 149-unit Class A apartment community 25 miles west of Chicago in the suburb of Wheaton. “Apartment communities of this caliber are in high demand given the strong employment fundamentals and high barriers to entry for […]
Lawton, Oklahoma Multifamily Property Acquired by NAS Investment Solutions
LAWTON, Okla., Feb. 9, 2023 — NAS Investment Solutions, a national sponsor known for high quality passive DST investments with reliable yield performance, has acquired Willowpark Apartments, a 160-unit multifamily property in Lawton, OK. National Asset Services (NAS), one of the Country’s leading commercial real estate companies, known for maximizing property value in all economic situations, will be […]
TerraCap Management Completes Acquisition of The Dalton and The Beacon at Pfluger Farm Apartment Communities in Austin Submarket
PFLUGERVILLE, TX – TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, FL, announced the acquisition of The Dalton and The Beacon at Pfluger Farm located in the Pflugerville suburb of Austin, TX. “We are proud to complete this double acquisition of The Dalton and The Beacon. These purchases will bring our […]
Orion Real Estate Partners Acquires 144-Unit Active Adult Community in Salt Lake City, Utah
SALT LAKE CITY, Feb. 6, 2023 — Los Angeles-based Orion Real Estate Partners (“Orion”) announced today that it has acquired Lakeside Village, an active adult multifamily community in Salt Lake City, Utah. Lakeside Village enjoys picturesque views of the Wasatch Mountains and sits on a 7.7-acre site with desirable amenities including a clubhouse, community pond, resident garden and […]
Bodka Creek Capital Continues Expansion with 72-Unit Tennessee Complex Acquisition
The Retreat at Meadowview is Phase I of a Class A Luxury Complexwhere Bodka will develop 48-60 additional units to complete Phase II KINGSPORT, Tenn., Jan. 31, 2023 /PRNewswire/ — Bodka Creek Capital has acquired The Retreat at Meadowview, a 72-Unit Multifamily Complex in Kingsport, Tennessee. The deal is the sixth property for the owner / operator private equity firm […]
Landmark Properties to Expand into Minnesota with Luxury High-Rise Student Housing Community in Minneapolis
The Standard at Dinkytown to Serve Students at the University of Minnesota ATHENS, Ga., Jan. 31, 2023 — Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management and operation of high-quality residential communities, announces its first development in Minnesota in a prime commercial district of Minneapolis. The Standard at Dinkytown is a 1,021-bed community within walking […]
SENTRAL ACQUIRES ALIGN RESIDENTIAL, MORE THAN DOUBLING MANAGEMENT FOOTPRINT ACROSS THE U.S.
Combined company will deliver best-in-class multifamily and hospitality management platform SAN FRANCISCO, Jan. 30, 2023 /PRNewswire/ — Sentral, the leading full-service management company offering any length of stay, today announced its acquisition of Align Residential, the dynamic national management firm specializing in innovative residential experiences. The acquisition expands the number of Sentral communities to 40, and the company’s network […]
Olive Tree Affordable Housing Enters Into North Carolina Market with Acquisition of Multifamily Community in Wilmington
— The acquisition of the 429-unit, affordable community, The Life at Lakeside Villas, formerly known as Village at Greenfield Apartments, expands Olive Tree’s operations to 9 states and represents the firm’s first property in North Carolina — WILMINGTON, N.C., Jan. 26, 2023 /PRNewswire/ — Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission driven private investment company with a focus […]
Capital Square Acquires 396-Unit Parkland Apartment Community in Affluent Suburban Miami Market of Parkland, Florida
MIAMI, FL – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the affluent Miami suburb of Parkland, Florida. The community was acquired on behalf of CS1031 Parkland Apartments, DST. “Parkland […]
37th Parallel Properties Surpasses $1 Billion in Transactions, Adds to Houston Presence with 291-Unit Community Acquisition
RICHMOND, Va., Jan. 25, 2023 — 37th Parallel Properties (“37th Parallel”) today announced 2022 transaction volume of $300 million, bringing their historical transaction totals to 10,000 units representing over $1 billion in value. The firm’s most recent transaction was Grand Reserve, a 291-unit, 2013-built community in Katy, one of the strongest submarkets in Houston. The asset was acquired off-market by 37th Parallel on behalf […]